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Cyprus Imports (% GDP)

Cyprus' imports (% GDP) fell to 93.11% in 2024, down from 96.11% in 2023, according to World Bank. This represents a decrease of 3% from the previous year. Cyprus has the 15th highest imports (% GDP). Within Europe, it ranks 5th out of 44 countries.

Cyprus' exports (% GDP) fell to 96.69% in 2024, down from 97.16% in 2023.

Yearly Historical Data (1975-2024)

(in %)
Year Imports (% GDP)
2024 93.11%
2023 96.11%
2022 102.01%
2021 86.07%
2020 81.02%
2019 74.75%
2018 73.11%
2017 74.18%
2016 68.54%
2015 67.26%
2014 64.89%
2013 59.63%
2012 57.07%
2011 57.16%
2010 58.57%
2009 54.07%
2008 62.84%
2007 58.02%
2006 56.37%
2005 56.22%
2004 57.01%
2003 56.24%
2002 61.24%
2001 63.64%
2000 67.53%
1999 64.28%
1998 66.21%
1997 70.58%
1996 70.64%
1995 67.63%
1994 48.09%
1993 47.93%
1992 60.64%
1991 57.09%
1990 57.11%
1989 59.87%
1988 53.5%
1987 50.27%
1986 48.42%
1985 58.83%
1984 67.1%
1983 63.97%
1982 64.24%
1981 63.32%
1980 63.07%
1979 63.77%
1978 62.92%
1977 67.76%
1976 62.62%
1975 56.69%
Cyprus Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries by Cyprus compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $4.5B $5.07B 2024
Annual Imports $13.42B $14B 2024
Exports (% GDP) 96.69% 97.16% 2024
FDI Inflows (% GDP) -10.51% 52.91% 2023
Net Trade (Goods & Services, BoP) $1.32B $365.89M 2024
Tariff Rate 1.95% 2.24% 2022
Trade (% GDP) 189.8% 193.27% 2024